The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1887-01-27
The Hooking Valley tIle
Natural Outlet OF Cur
Goa! Fields.
Some Railroad Talk.

A representative OF The Sent
's mel met a we'll known gentlema
e Monday, and had quite a lon
: talk on the recent changes in th
, management Of the e. Ii. V. s.
r. Il.
Ii will be remembered that a
the recent election of officers c
= this road, the board, followin
e the retirement OF Judge Burk
] and his associates from the man
agement, was re organized, viii
John w. Shaw, of New Yorl
City, as president.
The result OF the talk referred
e TO was the advancement of
s theory, presented to the reader
of the Sentinel but which now
backed by very good authority
appears as q fact. II believe.
he said, from what L can learl
That Gen. Sam Thomas, Ca
Brice and Chas Fnsaer ere bacl
of the present management O
the z. II. V. & I. R'y. This
| get from men who are largely in
tereSted in coal mines and land.
in The Valley. There is move
on foot you know to re organize
the Syndicate. 1t is proposed to
take up the present bonds and
issue one bond for a million dol
lars and 10 put out new issue
of stock on an altogether new
basis.
This move looks 10 The concen-
traiion of all the resources the
syndicate, and shows that it is
not the intention that the stock
and bonds be scattered, but held
we'll in hand by one or two men.
Gen. Thomas not only holds a
controlling interest in the Syn.
dicate but has many other
valuable investments in the
Hooking Valley coal region, and
taking these, together with the
Ten thousand acres of coal lands
controlled by the railroad, you
can plainly see what a colossal
combination it would make
You really believe then that
the illust1ous trio is the power
back OF the recent movement
"Most undoubtedly. You re-
member the attempt 10 capture
the Hooking canal las year. It
was 10 be sold to the Findlay &
Hooking e. r. Co.. and if that
project had gone through, Thorn
as, Brice and Foster would have
eventually loomed up as the all
powerful factors in lis manage
ment-"
What do you think the object
OF that road was. or rather what
territory that the Hooking Val
ley does not already touch, did
they expect to reachi
"Well, it was said at the time
the new road was contemplated
that these men had control of the
river division Of the Ohio Cen
traI and it was the intention to
tap The coal lands between Alh-
ems and Corning, and it is my
opinion. if it Is irue tha. these
men are back of Shaw in The
purchase Of the blocking Vallev
road tlts.tI.e- -eoai now mined at
Rendville and Corning viii
eventually be shipped through
the Hooking Valley"
What leads you 10 that con-
clusion?
Because the Hooking Valley
is ,he only natural outlet to our
coal fields. Even the coal from
the Shawnee district. if a railroad
run down Monday Creek 10 Ore
vile, could be shipped at much
less cost than over the Newark
Branch of the B. & o. By COM
ing this way there would be
nothing to contend with but the
natural fall of the valley, while
On the other hand, the B. G q.
folks have several hills to climb
that are terrible hard on rolling
stock and calls for a much great
er power than would be neces-
sary 10 ship the same amount Of
freight If il came by the Hooking
Valley. Now 1t is asserted that
Mr. Thomas and his associates,
still control The river division of !
The D. & or what is now known |
rs the K. & 0. R'y. extending
from Corning 10 p. Pieasant.-
Il j twenty miles from Corning
to Salina and by putting in a "Y"
al The latter place. coal trains
conId pass on uui Of The valley,
over the Hooking Valley road"
Yes, bu! what object would
there be in such a roundabout
route z
"W ell, l Will explain. BY
coming that way they could run
out full trains and without inter
ruption. There Is diiferance
IN the distance il is true, from
Corning to Columbus over the
L. & O. c. R'y and by The way OF
Salina over The G. ii. Y. Is T. but
hat dilerance IS more than wi !
,ed out by the difficulties met {
With on the first named line. at ,
he MoXahala hill north Of Corn,
ng, the time expended in doub- |
ing over it, would be equal TO I